Wednesday, January 7, 2009

FHA Purchase

Did you know that you can help your child out when purchasing a home by Co-Signing the note? This is known as a Non-Occupant Co-Borrower. We take all of your information as well as the borrower -- your income, assets, and credit are looked at equally! If your son or daughter needs a boost for income and you are willing to co-sign it is an excellent opportunity. This allows your child to purchase their first home with no out of pocket expense on your part... of course there is a risk. You have to be confident that your child will be able to pay the loan back as you are equally responsible for the note!

For more information contact us through our website at http://www.new-hampshire-home-mortgage.com

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